When your income drops, debt spikes, and a rental property starts bleeding cash, it can feel like your entire financial foundation is cracking beneath you. Veronica, our first caller, is navigating all of it at once, from a near-foreclosure to a luxury car payment that’s strangling her budget. Her question is simple but enormous, how […]
Category: Real Estate
What’s Up With This 50-Year Mortgage?
I’m just going to come straight out of the gate with a hot take:
If you need a 50-year mortgage, you can’t afford the property.
Before you grab your pitchforks, let’s explore the new concept of a 50-year mortgage, which just entered the zeitgeist this week.
We’ll run the […]
#653: Radical Transparency in Real Estate Predictions [GREATEST HITS]
What happens when we actually check our predictions? In this episode we play clips from our 2023 conversation with Scott Trench from BiggerPockets and ask the uncomfortable question: were we right?
Two years ago we made some big calls about the housing market. Mortgage rates had doubled. Prices hadn’t crashed. Inventory was vanishing. Everyone had […]
#649: Q&A: Should You Buy a House Now or Invest Your Down Payment Instead?
“Should I buy a home?” Home prices have soared, interest rates remain sticky, and many first-time buyers feel like they’re watching the train pull out of the station. If you’ve saved for years but can’t afford a home nearby, should you stretch to buy (maybe hours away) or invest that cash instead?
In this episode, […]
I Paid Rent Today. I Also Collected Rent.
I paid rent today. I also collected rent today.
Ever since I moved to New York City, I’ve had this uncommon experience on the first of every month. It flies in the face of how society teaches us to adult.
The conventional thinking is that a person graduates from college, gets a […]
#645: Q&A: My Friend Won’t Invest – How Can I Help?
Mike: After 15 years of intentional living, Mike is 80 percent of the way to financial independence. Now he’s trying to help friends take control of their own financial future. But what happens when one spouse is eager to learn and invest, while the other isn’t interested?
Michael: For two years, Michael has tracked his […]
#579: I Have 14 Days Until My Tenants Move In … And Nowhere to Go
Todd is in a real estate bind. He found out six days before closing on a new home that it wasn’t legally sellable. And renters are moving into his current home in two weeks. What should he do?
Anonymous is excited about expanding her real estate portfolio. Should she sell her $2.5 million rental property in the Bay Area to do this, or can she keep it and leverage the equity instead?
Former financial planner Joe Saul-Sehy and I tackle these two questions in today’s episode.
Enjoy!
The Fed is meeting right now. Here’s what it means for real estate (and why most people are missing the point)
Hey there!
As I write this, the Federal Reserve is meeting.
By the time you read this, they may have already announced what many analysts expect will be their second Federal Reserve Rate Cut of 2024: a quarter-point interest rate reduction.
At the time I’m sending this, they haven’t made an […]
Why Neither Candidate Can Solve the U.S. Housing Crisis
Hey there!
Something fascinating happened in Argentina’s housing market.
What happened illustrates why the U.S. housing market is at such a critical turning point … and why the solutions proposed in the U.S. Presidential election might be missing the mark entirely.
As the election and the housing […]
#547: Ask Paula: “We Have $2 Million at 40 – Now What?”
An anonymous caller and her husband have a $2 million net worth at 40, but they’re worried that the one-fund portfolio that got them there isn’t good enough anymore. Are they right?
Jared feels frustrated that so much personal finance media is centered around tech and freelance workers. Does Paula and Joe have negotiation advice for someone in the union?
Sam owns two overseas properties in a country that’s experienced runaway inflation for the past decade. He’s worried he’ll lose $500,000 worth of assets. How does he control the bleeding?
Steve is calling back with an exciting update on his house-swapping journey from Episode 487.
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
